Commission Administrator

3 months ago


Centurion, South Africa Consult by Momentum Full time

**Introduction**
- Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**
- To ensure accurate and efficient processing of commission received from product providers for payment to Consult Franchise Houses and resolving commission related queries.**Requirements**:
**Qualifications
- Grade 12 essential
- Finance related tertiary qualification preferred

**Experience**
- A minimum of 2 years financial process/commissions administration experience
- Previous experience interacting with financial advisers and or having worked in a financial adviser practice preferred

**Duties & Responsibilities**
- **
Commission Processing**
- Obtain commission statements from product providers
- Process commission statements into the system
- Match commission statements to amounts received in the bank account
- Adhere to company policies and standard operating procedures
- Resolve commission queries received within SLA
- Verify all rejected transactions and take corrective action where necessary
- Make recommendations for process improvement and efficiencies
- **
Stakeholder Engagement**
- Build and maintain relationships with clients, internal and external stakeholders
- Deliver on Service Level Agreements to ensure expectations are managed
- Make recommendations to improve service delivery
- Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service
- Continuously monitor turnaround times and quality standards and resolve issues speedily to enhance client service delivery
- Manage query processes and ensure that queries are tracked, accurately and timeously resolved and used as a mechanism to improve client service and business processes
- **
Personal Development and Teamwork**
- Participate and contribute to the Consult culture by building mutually rewarding relationships, facilitating feedback for improvement and ongoing collaboration with peers and leaders.
- Positively influence and participate in change initiatives
- Continuously develop own understanding and expertise in terms of professional, insurance industry and legislative knowledge.
- Take ownership for driving own career development
- Ensure behaviours and actions align to Consult’s values
- Contribute to continuous innovation through developing, sharing and implementing new ideas, ways of work etc.
- **
Finance & Risk Management**
- Manage financial and other company resources under your control with due respect.
- Provide input into the risk identification processes and communicate recommendations in the appropriate forums
- Identify solutions to enhance cost effectiveness and increase operational efficiency.

**Competencies**
- Business Acumen
Customer/ Stakeholder Commitment
Drive for Results
Leads Change and Innovation
Collaboration
Impact and Influence
Self-Awareness and Insight
Diversity and Inclusiveness


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